GraniteShares 2x Long NVDA Daily ETF vs Wipro Limited — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.49, while Wipro Limited trades at $1.83 (market cap $18.49B). The key difference: Wipro Limited pays a 4.68% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Wipro Limited nearer its low. Which is the better fit depends on your goals.
| NVDL | WIT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $3.06 |
52-Week Low | $21.76 | $1.82 |
Market Cap | — | $18.49B |
Enterprise Value | — | $16.42B |
Dividend Yield | — | 4.68% |
Trailing returns across standard periods
NVDL is a leveraged ETF that seeks daily investment results corresponding to 200% (2x) of the daily performance of NVIDIA Corporation (NVDA) stock. It is designed as a tactical trading tool for investors with a strong bullish (long) view on NVDA. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment, as its performance over longer periods may significantly deviate from two times the performance of the NVDA stock.
Read more on NVDL →Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
Read more on WIT →